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vampirchik [111]
3 years ago
15

Within the food service industry​ (restaurants that serve meals to​ customers, but not just fast​ food), find examples of firms

that have sustained competitive advantage by competing on the basis of​ (1) cost​ leadership, (2)​ response, and​ (3) differentiation. Cite one example in each​ category; provide a sentence or two in support of each choice. ​(​Hint: A ​"99cents ​menu" is very easily copied and is not a good source of sustained​ advantage.)

Business
1 answer:
NikAS [45]3 years ago
7 0

Answer:

Answer for the question:

Within the food service industry​ (restaurants that serve meals to​ customers, but not just fast​ food), find examples of firms that have sustained competitive advantage by competing on the basis of​ (1) cost​ leadership, (2)​ response, and​ (3) differentiation. Cite one example in each​ category; provide a sentence or two in support of each choice. ​(​Hint: A ​"99cents ​menu" is very easily copied and is not a good source of sustained​ advantage.)

is given in the attachment.

Explanation:

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Amber is in charge of preparing an annual budget for her company. As part ofthe budgeting process, she must estimate cost of goo
galben [10]

Complete question:

amber is in charge of preparing an annual budget for her company. as part of the budgeting process, she must estimate COGS and ending inventory. which of the following statements is correct regarding the use of the gross profit method

amber must take a physical inventory to determine ending inventory and COGS

amber may utilize the gross profit method, but must also take a physical inventory

amber may utilize the gross profit method to estimate ending inventory and COGS

Answer:

Amber may utilize the gross profit method to estimate ending inventory and COGS

Explanation:

The gross profit method is a strategy used to measure the value at the end of the product. The method may be used with monthly accounting statements where a physical warehouse is not feasible.

(However, it is not a substitution for an actual physical inventory.) It is often used to measure the volume of lost products incurred by burglary, accident or other disasters.

For example, if a business buys products of $80 and sells them for $100, the gross profit is $20.

6 0
3 years ago
Which view allows viewer to change slides to grayscale​
Gnom [1K]

Answer:

•color view

•slide show view

•protected view

Explanation:

:)

8 0
3 years ago
An investment in an available-for-sale security is transferred to trading because the company anticipates selling the stock in t
meriva

Answer:

It's fair value at the date of the transfer

Explanation:

Transfers of securities between categories of investments should be accounted for at FAIR VALUE, with unrealized holding gains or losses treated in accordance with the nature of the transfer.

Available-for-sale securities are reported at fair value; changes in value between accounting periods are included in accumulated other comprehensive income in the equity section of the balance sheet.

The fair value option gives companies the option to report most financial instruments at fair value with all gains and losses related to changes in fair value reported in the income statement.

8 0
3 years ago
g A decrease in aggregate demand will cause prices to fall according to classical economists, and unemployment to increase accor
Mashcka [7]

Answer:

prices to fall according to the classical economists and unemployment to increase according to Keynes.

Explanation:

The classical economists believes that a decrease in aggregate demand for goods produced would being about fall in the prices of such goods. What this implies is that as more goods are produced, if such production is not backed by corresponding demand by consumers, the prices of such goods produced will eventually fall because supply is greater than demand.

For the Keynes, their argument is that a decrease in aggregate demand will cause unemployment to increase. This is because owners of businesses or employers would lay off their employees when goods produced exceeds the demand for such production by consumers. Here, owners of businesses pays their employees through sales of goods produced. So, when the goods produced are not purchased, then there will be excess availability of such goods; hence no sale or profit, from which salaries would be paid. The next step is to start laying off employees because employers cannot cover their running costs.

7 0
3 years ago
Deal Leasing leased equipment to Hand Company on January 1, 2021. The leased equipment's book value is $420,000 with no estimate
anygoal [31]

Answer:

The requirements are missing, so I looked for a similar question. This is a financial lease since the PV of the lease payments represents 97% of the asset's value.

January 1, 2021, equipment leased from Deal leasing

Dr Right of use asset 405,541.20

    Cr Lease liability 405,541.20

the right of use asset = PV of lease payments = $60,000 x 6.75902 (PV annuity due, 10%, 10 periods) = $405,541.20

January 1, 2021, first lease payment

Dr Lease liability 60,000

    Cr Cash 60,000

December 31, 2021, depreciation expense on leased asset

Dr Depreciation expense 40,554.12

    Cr Accumulated depreciation 40,554.12

depreciation expense = $405,541.20 / 10 = $40,554.12

December 31, 2021, interest expense on asset lease

Dr Interest expense 34,554.12

    Cr Interest payable 34,554.12

interest expense = ($405,541.20 - $60,000) x 10% = $34,554.12

5 0
3 years ago
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